Daily financial crime blotter
Madoff under house arrest as SEC admits failure to act. Why does Madoff have bail at all? He should be in jail. As for the SEC and the failure of regulatory agencies, this isn’t just because of incompetence or neocon…
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Month December 2008
Gwanggyo green power centre designed to mimic nature
In a world seemingly gone mad with greed and corruption, it’s always nice to see what genuinely productive (and non-parasitical) people are doing. Things like designing Gwanggyo Power Centre, a planned city for 77,000 in South Korea, which will be…
Feeling fleeced yet?
Neatorama has a t-shirt for you As for that $700 billion, it’s sitting in the bank’s coffers. What, you thought the banks would do something even vaguely socially responsible by lending and trying to get the economy moving again? Silly…
Reason #937 we need a revolution. Air-conditioned beaches
The Versace fashion house plans to build a refrigerated beach at their planned opulent hotel in Dubai. “We will suck the heat out of the sand to keep it cool enough to lie on,” he said. “This is the kind…
Piezoelectric roads
Piezoelectric devices turn mechanical strain into electricity. An Israeli firm is testing them on roads and says they can also be used for railroads and aircraft runways.